BWX 0.00% 20.0¢ bwx limited

Ann: FY19 Financial Results Media Release, page-3

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    Had to go back and find the latest history so much has happened in this company lately.
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    May 16 (Reuters) - BWX Ltd (BWX) :

    • FY19 TRADING EBITDA GUIDANCE UPDATED TO BE IN RANGE OF $21 MILLION TO $23 MILLION
    • DAVID FENLON HAS BEEN APPOINTED GLOBAL CEO AND MANAGING DIRECTOR
    • EXPECT TO SEE IMPROVED MARGINS & REDUCTION IN TRADE INVESTMENT IN FY20

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    Today's Results

    • Second half revenue growth of 19.5% revenue growth on 1H19
    • Underlying EBITDA1 of $21.3m in line with May update on strong H2 growth
    • Gross margin stabilising with improvement in 2H19
    • Group refinance of debt facilities, extended to July 2022 at improved margins

 
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